Numerai GP LLC Sells 22,361 Shares of Hayward Holdings, Inc. (NYSE:HAYW)

Numerai GP LLC lowered its stake in Hayward Holdings, Inc. (NYSE:HAYW - Free Report) by 46.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,135 shares of the company's stock after selling 22,361 shares during the period. Numerai GP LLC's holdings in Hayward were worth $400,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of HAYW. Kovitz Investment Group Partners LLC increased its holdings in shares of Hayward by 385.5% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 8,433,106 shares of the company's stock worth $128,942,000 after buying an additional 6,696,170 shares during the period. Michael & Susan Dell Foundation grew its stake in shares of Hayward by 247.6% in the fourth quarter. Michael & Susan Dell Foundation now owns 8,984,492 shares of the company's stock worth $137,373,000 after purchasing an additional 6,400,000 shares during the last quarter. BBR Partners LLC bought a new stake in shares of Hayward in the fourth quarter worth about $67,399,000. Fiduciary Management Inc. WI purchased a new position in Hayward during the 4th quarter valued at about $62,949,000. Finally, Vanguard Group Inc. raised its position in Hayward by 22.8% during the 4th quarter. Vanguard Group Inc. now owns 19,305,043 shares of the company's stock valued at $295,174,000 after purchasing an additional 3,589,352 shares during the last quarter.

Hayward Stock Down 0.5%

Shares of HAYW stock traded down $0.07 during midday trading on Monday, reaching $14.42. 1,264,226 shares of the stock were exchanged, compared to its average volume of 1,773,147. Hayward Holdings, Inc. has a 1 year low of $11.10 and a 1 year high of $16.87. The company's 50 day moving average is $13.31 and its two-hundred day moving average is $14.57. The company has a current ratio of 2.62, a quick ratio of 1.69 and a debt-to-equity ratio of 0.70. The firm has a market cap of $3.12 billion, a PE ratio of 34.33, a price-to-earnings-growth ratio of 1.87 and a beta of 1.15.

Hayward (NYSE:HAYW - Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported $0.10 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.01. Hayward had a return on equity of 9.93% and a net margin of 9.47%. The firm had revenue of $228.84 million for the quarter, compared to the consensus estimate of $216.37 million. During the same quarter in the prior year, the business earned $0.08 EPS. The business's revenue for the quarter was up 7.7% on a year-over-year basis. On average, equities research analysts predict that Hayward Holdings, Inc. will post 0.6 EPS for the current year.

Wall Street Analysts Forecast Growth

HAYW has been the topic of a number of recent analyst reports. Wolfe Research lowered Hayward from an "outperform" rating to a "peer perform" rating in a research report on Thursday, April 3rd. Robert W. Baird boosted their price objective on shares of Hayward from $17.00 to $18.00 and gave the company a "neutral" rating in a research report on Friday, February 28th. Finally, Stifel Nicolaus upgraded shares of Hayward from a "hold" rating to a "buy" rating and set a $16.50 price objective for the company in a report on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $17.13.

Insiders Place Their Bets

In other Hayward news, CEO Kevin Holleran sold 50,000 shares of the company's stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $14.06, for a total transaction of $703,000.00. Following the transaction, the chief executive officer now owns 623,540 shares in the company, valued at approximately $8,766,972.40. This represents a 7.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 5.06% of the company's stock.

Hayward Company Profile

Hayward Holdings, Inc designs, manufactures, and markets a portfolio of pool equipment and associated automation systems in North America, Europe, and internationally. The company offers pool equipment, including pumps, filters, robotics, suction and pressure cleaners, gas heaters and heat pumps, water features and landscape lighting, water sanitizers, salt chlorine generators, safety equipment, and in-floor automated cleaning systems, as well as LED illumination solutions.